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Gold/Mining/Energy : Yamana Resources INC. T- YRI -- Ignore unavailable to you. Want to Upgrade?

To: Elizabeth Andrews who wrote (1464)	8/7/1998 12:07:00 PM
From: Greg W. Taylor	Read Replies (3) \| Respond to of 2346

"Elizabeth" First, Bacon and Lejano are quite different, the latter being the poly-metallic deposit. Mineralogy on the surface gossans at Lejano is in progress. Metallurical testing will be conducted on the core samples from both properties and results from these will likely be available around the year's end. Mineralogy at Bacon is in progress but initial results show that it is similar to the nearby Manantial Espejo deposit, but with more silver sulfosalts than electrum. At Lejano, initial results show an array of exotic lead minerals but the precise occurence of the silver has yet to be determined. X-ray work is in progress. I'm not certain why you are asking about iron but it occurs at Lejano as jarosite, plumojarosite, various iron oxides -- most of these being derived from primary sulfides at depth. At Bacon, the gold probably occurs as electrum; at Lejano, our geologists have identified tiny amounts of electrum in outcrop specimens. We plan to start drilling at Bacon in September and I'll be putting out a note on the overall exploration plan in the next couple of weeks. I hope this helps. Greg